01-17-2013 08:36 AM
what were the requirements for getting approve for a CSP card? I am planning to growth my CL on my WM GE up to 5K. but I just dont see the rest of my cards growing that much anytime soon. Any recomendations?
700+ Fico with excellent payment history and perferabally a credit line close to 5k
I got approved with a 701 Fico, utilization was 12% but I did have a 6.5yr old charge off on my account (from Chase none the less but it was only for 400 and paid). I have 23 account in good standing with 100% on time payment history and an AAoA of 4.5 years with the oldest being 12yrs and an income over 50k
Hopefully that will give you a little more insight
01-17-2013 08:43 AM - edited 01-17-2013 08:45 AM
The requirements really seem to be subjective. I have an AAoa of roughly 5.5 years, oldest account 20 years, 0% utilization as I PIF monthly. My stated income was $125k with multiple paid in full auto and school loans. I have a charge-off listed from 2009 but that has been PIF and have no other baddies on my reports. I had gotten auto financing through Chase 1.5 months prior to app'ing for the CSP so perhaps that helped prequalify as my income was actually verified for the loan?